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<h1>National Savings Certificates: amended encashment value and annual interest accrual with reinvestment through the fifth year.</h1> The amendment inserts sub rule (2) to provide that certificates purchased on or after 1 January 1999 shall pay Rs. 195.60 on encashment for a Rs. 100 denomination (proportionate for other denominations) after maturity, prescribes specified annual interest amounts for years one through six on a Rs. 100 certificate, and deems interest accrued at each year end up to the end of the fifth year to be reinvested and aggregated with the certificate's face value.